AEROSPACE & RELATED COMPANIES A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z                    HOME ABOUT CATEGORIES SITE MAP COPYRIGHT ADVERTISE CONTACT entire Web this site Space X (Space Exploration Technologies Corporation) The SpaceX Falcon 9 heavy-lift launch vehicle should launch from Cape Canaveral in the first quarter of 2009. This rocket could soon be servicing the space station, as well as lofting commercial satellites. Image: SpaceX An aerospace company that is developing the Falcon family (see Falcon 1) of launch vehicles with stated goal to reduce the cost and increase the reliability of access to space. SpaceX was founded in 2002 by South African born entrepreneur Elon Musk and has its headquarters in El Segundo, California. In August 2006, NASA announced that it would be giving a combined total of about $500 million to SpaceX and Rocketplane Kistler to help fund the development of reliable, cost-effective access to low-Earth orbit and, in particular, to demonstrate the vehicles, systems, and operations needed to support a human facility such as International Space Station. Payments to each company will be incremental and based upon the partners' progress against a schedule of agreed performance milestones. Related category    • AEROSPACE AND RELATED COMPANIES Also on this site: Encyclopedia of Alternative Energy & Sustainable Living Encyclopedia of History Transport Concepts & Designs (partner site) BACK TO TOP